MFS MUNI INC TR (NYSE:MFM - Get Free Report) declared a monthly dividend on Monday, August 4th, Wall Street Journal reports. Investors of record on Tuesday, August 19th will be given a dividend of 0.024 per share by the closed-end fund on Friday, August 29th. This represents a c) dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend is Tuesday, August 19th.
MFS MUNI INC TR Stock Performance
MFM stock traded down $0.02 during midday trading on Friday, reaching $5.18. The company had a trading volume of 37,758 shares, compared to its average volume of 140,037. The stock has a 50 day moving average price of $5.13 and a 200 day moving average price of $5.24. MFS MUNI INC TR has a fifty-two week low of $4.94 and a fifty-two week high of $5.78.
MFS MUNI INC TR Company Profile
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MFS Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index.
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